Vladimer Zhorzholiani

JSC MFO Crystal is a dynamically growing local microfinance organization, supporting development of micro and small business sectors in Georgia. The mission of Crystal is to support micro entrepreneurs and smallholder farmers in realizing their business potential, reaching financial stability and elevating living standards. Crystal is seeking for long-term partnerships by offering transparent, innovative and fast financial solutions tailored to the needs of customers, providing them with the financial services critical to their economic success. Our Core Corporate Values are: Responsibility, Transparency, Access, Partnership and Innovation. Crystal is mainly funded by international financial institutions, such as: FMO, EFSE, EBRD, KfW, Commerzbank, IFAD, responsAbility, MicroVest, DWM, Oikocredit, Incofin, Symbiotics, MCE, Blue Orchard, Triple Jump, FSFS, BIBessen, Grameen Credit Agricole. Crystal is a first Georgian microfinance institutions receiving international lending in 2003 and also obtaining international credit and social ratings. Crystal was announced as a winner in SMART Campaign’s international call for “Plain language loan contract for clients” (2011). Crystal also received the highest Platinum Award from MIX for its social performance reporting (2012). In 2013 MIX-Market rewarded Crystal with the most prestigious S.T.A.R. status of the industry (S.T.A.R. - Socially Transparent and Responsible).